The US PVC market remained under significant downward pressure through June as ample inventories and competitive selling continued to weigh on market sentiment. Weak demand from the construction, PVC pipe, and automotive sectors limited purchasing activity, prompting suppliers to offer deeper discounts to stimulate sales. Stable ethylene dichloride (EDC) costs and uninterrupted production ensured sufficient product availability, preventing any tightening in supply. Weekly market activity reflected a sharp decline early in the month, followed by brief stabilization before another downturn in late June. Looking ahead, comfortable inventories, steady supply conditions, and cautious downstream procurement are expected to keep the US PVC market under bearish pressure in the near term.
